Description
Here's a great opportunity to jump into the multi-family investment market for a great price in a good location! This 4-unit property is in great overall shape, but interior needs some rehab to get units ready for rent. Seller also owns and has listed 16241 E Seven Mile and is willing to sell the two together on a discount. That building has 3/4 units rented with long term tenants and 4th unit in good condition up for lease. Seller will give a discount if you buy both buildings.
Details
| MLS # | 60985493 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 176 |
| Listing Provided By | Imagine Home Realty | Gregory White |
Features
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 2,546 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | Multi-Family |
| Acreage | 0.12 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Hot Water |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Basement |
Other
| List Aor | Real Comp |
|---|
Taxes
| Property | 5664 |
|---|
Area Information
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48224 |
| Area | Detroit (82001) |
| Community Name | Avalon Heights |
| Listing VS Median (in Avalon Heights) | |
Price: $200,000 low | high Med: $69,900 sqft: 2,546 low | high Med: 1,300 $ / sqft: $79 low | high Med: $55 On site: 176 low | high Med: 144.5 | |
Market Activity 48224
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Learn More About This Property
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48224 |
| Area | Detroit (82001) |
| Community Name | Avalon Heights |
| Listing VS Median (in Avalon Heights) | |
Price: $200,000 low | high Med: $69,900 sqft: 2,546 low | high Med: 1,300 $ / sqft: $79 low | high Med: $55 On site: 176 low | high Med: 144.5 | |
Nearby Listings (Within 1/10 mile)
Price: $150K - $250K
sqft: 1,500 - 3,000
Listing Updated: September 29, 2026 at 7:25:54 AM PDT